medium · Volume Profile Analysis profile-anatomy

A significant High Volume Node (HVN) and prior POC sit at 1.3500. Price breaks aggressively below this level to 1.3460 on heavy volume. It then rallies back to 1.3500 and prints a shooting star reversal candle with a long upper wick on 2.2× average volume.

What is the setup?

  1. Open Auction
  2. Support/Resistance Flip
  3. Reversal Trade
  4. Failed Auction

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